Why do Registered Broker/Dealers Allow Commision Overides?

Discussion in 'Prop Firms' started by Rahula, Mar 28, 2008.

  1. Rahula


    Its the overides that have done more damage to the industry than anything else. Just sponser traders and have a clear tiered commission structure for all traders - so the more you trade the lower your commisions (kinda like how it works in futures). That would eliminate a lot of the shady practices so prevalent in this industry.
  2. I don't think you understand what an overide is. What you are suggesting wouldn't fix the problem.